Wise Trading Forex

Our trades are diverse, but we mainly focus on Intra Day trading occasionally combined with swing trades. In our group, you won't find scalp trades for sure. Our minimum stop loss tends to be -30 pips, but most commonly it is 50 pips.

Our trades have a minimum 1:1 ratio, so our TP1 is always the same as SL. Of course, we also have TP2, which is variable – sometimes it's 1:1.5, and sometimes even 1:2. With each trade, we gradually reduce the position size, allowing the trade to run for as long as possible, so occasionally it reaches up to 1:8.

We primarily focus on the Weekly, Daily, and 4-hour time frames, concentrating on the strongest zones. As a result, our success rate over the past year has been between 75-80%.

We operate using pending orders, so we set a pending order and then simply wait. It's highly variable. At the beginning of the week, we send out analyses for approximately 15 FX pairs, where the area of interest with TP and SL, as well as the entry point, is always indicated. So, sometimes we may open up to 10 trades in a week, while other times only 5, and occasionally, no trades are opened. The market determines where the price will go, not us. That's what trading is all about.